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QUESTION
Explain the concept of private and social cost of pollution? How and when does pollution invalidate the market?
- Explain the concept of private and social cost of pollution? How and when does pollution invalidate the market?
- Discuss the argument for and against the three main view of manufacturers duties to consumers. In your judgement, which view is most adequate and why?
- What is affirmative action. Describe the Utilitarian case for affirmative action?